# 882 53rd Street, Brooklyn

Apartment building · 8 units · built 2025 · Block 5665, Lot 41.

On Umarelli: https://umarelli.org/nyc/3056650041/5306-9-avenue

More construction in Borough Park: https://umarelli.org/nyc/brooklyn/borough-park.md

## Building permits

- New Building — Multi-Family, filed May 6, 2021, estimated cost $364K, 8 units, 7 stories, described as “Proposed 7 story mixed-use building with community facility at 1ST and 2ND floor, and residential on 3RD thru 7TH floor”
- Alteration, filed Sep 15, 2023, estimated cost $25K, described as “Installation of temporary needle beam as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed May 25, 2023, estimated cost $35K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Mar 15, 2023, estimated cost $15K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 30, 2022, estimated cost $3K, described as “Foundation and Structural application related to NB B00517128-I1”
- Alteration, filed Nov 17, 2020, estimated cost $1K, described as “Installation plywood fence in conjunction with demo job#322090269 and 322090278.”

## Property taxes

- Assessment: $945,900
- 2026–27 tax: $101,940
- Market value (city estimate): $2,102,000
- Taxable value: $819,521
- Assessed land: $135,900
- Assessed improvements: $810,000

## Recent sales

- Aug 26, 2020: $2,100,000, 2,160 sq ft ($972 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 5306 9th Avenue in Borough Park, Brooklyn](https://newyorkyimby.com/2024/12/permits-filed-for-5306-9th-avenue-in-borough-park-brooklyn.html), New York YIMBY, Dec 13, 2024.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology